Tiba Palace (6)
Following on from the phenomenally successful Tiba Towers 2 (one of Hurghada's fastest-selling development in 2010) and its sister development, Tiba Heights, comes the developer's third projec t- Tiba Palace.
Located just 60m away from Tiba Towers 2, Tiba Palace shares its sister development's proximity from El Ahyaa public beaach and the new shopping mall which started construction in October 2010.
Larger than the developer's previous two projects, Tiba Palace benefits from a larger pool, together with a unique location surrounded by wide boulevards, meaning that the project is not over-shadowed by neighbouring developments so that every balcony has guaranteed sunlight throughout much of the day.
Despite these additional benefits, Tiba Palace shares the same extremely affordable prices as its sister developments, which led to a buying frenzy from interested purchasers when the project was first released in autumn 2010. As a result, this development is now over 90% sold out.
Buyers interested in one-bedroom apartments should be looking at the developer's latest project, Tiba Garden, or Tiba Heights where there are still good availability of one-bedroom apartments. There is still fairly good availability of two-bedroom apartments on Tiba Palace though and so should be of interest to anyone looking for an affordable two-bedroom apartment with a generous payment plan.